Research Article
On Modeling the Earthquake Insurance Data via a New Member of the T-X Family
Table 1
Simulation results for the Z-Weibull distribution.
| Set 1: , , and | | Parameters | MLEs | MSEs | Bias |
| 25 | | 1.1150 | 0.1937 | 0.2150 | | 1.2490 | 3.6872 | 0.9490 | | 2.0431 | 4.7184 | 0.8431 |
| 50 | | 1.0456 | 0.1526 | 0.1456 | | 0.9536 | 2.4614 | 0.6536 | | 1.9282 | 4.3933 | 0.7281 |
| 100 | | 0.9970 | 0.0783 | 0.0970 | | 0.7277 | 1.3741 | 0.4277 | | 1.6722 | 2.3642 | 0.4722 |
| 200 | | 0.9605 | 0.0472 | 0.0605 | | 0.5478 | 0.6878 | 0.2478 | | 1.4691 | 1.1474 | 0.2691 |
| 400 | | 0.9281 | 0.0163 | 0.0281 | | 0.3769 | 0.0901 | 0.0769 | | 1.3115 | 0.4336 | 0.1115 |
| 600 | | 0.9193 | 0.0085 | 0.0193 | | 0.3471 | 0.0383 | 0.0471 | | 1.2424 | 0.1812 | 0.0424 |
| 800 | | 0.9128 | 0.0067 | 0.0128 | | 0.3313 | 0.0279 | 0.0313 | | 1.2405 | 0.1318 | 0.0405 |
| 1000 | | 0.9006 | 0.0042 | 0.0076 | | 0.3184 | 0.0119 | 0.0184 | | 1.2160 | 0.0928 | 0.0360 |
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